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Weak German manufacturing orders drag region's indices lower

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  • Economy
  • 7 months ago
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The EU’s indices were mostly lower during today’s session as German data for manufacturing orders came in at -4.2%, well below the consensus of a 0.55% increase as well as January’s decrease of 2.1%.

On that note the DAX fell by 0.2% while the Stoxx Europe 600 ended lower by 0.4% as the EUR/USD remained flat at $1.1235.

London’s FTSE 100 fell by 0.6% sending the GBP/USD pair higher by 0.1% at $1.3173.

The Italian borsa, FTSE MIB closed down by 0.5% and so did the French CAC 40 as it ended the day’s exchange by shedding 0.3%.

 

 

Source: Smart Trend Team